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UNITING THE WORLD OF FITNESS
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News

Core Health & Fitness acquires Wexer

Core Health & Fitness has acquired digital fitness content provider Wexer Holding
Wexer said the deal will provide it with the funding to scale its business
Core will also use Wexer as a vehicle for significant acquisitions to consolidate the digital fitness sector
Core is a portfolio company of US-based private equity firm Gainline Capital

Core Health & Fitness has acquired Digital fitness content provider, Wexer Holding, for an undisclosed sum.

According to Wexer, the deal will provide it with the "funding to scale its business" and drive digital adoption across the global health club sector.

Core Health & Fitness – a portfolio company of US-based private equity firm Gainline Capital Partners – said it will now use Wexer as a vehicle for significant acquisitions to consolidate the digital fitness sector.

Jason Leone, president of Core, said: “Coming out of COVID-19, commercial customers across gym and vertical market categories are placing an increased emphasis on connected fitness.

"Though many consumers are returning to in-person workouts, they expect to continue to complement these with connected fitness workouts, highlighting the importance of delivering an omnichannel experience.”

Paul Bowman, Wexer CEO, added: “This is a momentous step for Wexer, simultaneously granting us the support, investment and distribution we need to dramatically scale our business and accelerate towards our mission of hybridising the fitness industry.

“The opportunity to work closely with Core Health & Fitness, collaborating across its portfolio of globally recognised brands to build an even more diverse digital ecosystem, is another huge benefit of this acquisition."

Core is a specialist in commercial fitness equipment whose brands include StairMaster, Schwinn, Nautilus, Star Trac and Throwdown.

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News

Core Health & Fitness acquires Wexer

Core Health & Fitness has acquired digital fitness content provider Wexer Holding
Wexer said the deal will provide it with the funding to scale its business
Core will also use Wexer as a vehicle for significant acquisitions to consolidate the digital fitness sector
Core is a portfolio company of US-based private equity firm Gainline Capital

Core Health & Fitness has acquired Digital fitness content provider, Wexer Holding, for an undisclosed sum.

According to Wexer, the deal will provide it with the "funding to scale its business" and drive digital adoption across the global health club sector.

Core Health & Fitness – a portfolio company of US-based private equity firm Gainline Capital Partners – said it will now use Wexer as a vehicle for significant acquisitions to consolidate the digital fitness sector.

Jason Leone, president of Core, said: “Coming out of COVID-19, commercial customers across gym and vertical market categories are placing an increased emphasis on connected fitness.

"Though many consumers are returning to in-person workouts, they expect to continue to complement these with connected fitness workouts, highlighting the importance of delivering an omnichannel experience.”

Paul Bowman, Wexer CEO, added: “This is a momentous step for Wexer, simultaneously granting us the support, investment and distribution we need to dramatically scale our business and accelerate towards our mission of hybridising the fitness industry.

“The opportunity to work closely with Core Health & Fitness, collaborating across its portfolio of globally recognised brands to build an even more diverse digital ecosystem, is another huge benefit of this acquisition."

Core is a specialist in commercial fitness equipment whose brands include StairMaster, Schwinn, Nautilus, Star Trac and Throwdown.

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15 Dec 2021
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Featured supplier news
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According to our poll the first thing 80 per cent of operators and gym owners think about when it’s time to sell gym equipment is how much your equipment is worth.
Featured operator news
Featured operator news: Everyone Active to launch new exercise classes to reduce gender gap
As part of their work to break down the barriers that deter women and girls from participating in sport and physical activity, Everyone Active has teamed up with EMD UK to launch new exercise classes linked to the This Girl Can campaign.
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Company profiles
Company profile: Virtuagym
Virtuagym is a global provider of health and fitness technology for coaching, engagement and management ...
Company profiles
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Spa software
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Architects/designers
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Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Skincare
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Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Fitness equipment
A Panatta Sport Srl: Fitness equipment
Management software
Premier Software Solutions: Management software
trade associations
International SPA Association - iSPA: trade associations
Salt therapy products
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Wearable technology solutions
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Pendine Sands, Carmarthenshire
Carmarthenshire County Council
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Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
Diary dates
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Diary dates
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Diary dates
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